Transparency in financial reporting is basis for functionality of financial market. Extern users behavior is based on the reports which shown financial status and success of company. Lows, rules and policies of accounting regulations are set to make financial market efficient. But that is only one half of the whole reporting. The other half is to apply them in practice. Accounting regulations are set for the whole groups of companies, after which every company use it and apply on their own situations. It would be impossible to set the rule for every company and their own possible situation and that is why regulations are nonspecific and only general. The final effect is that companies have some freedom regarding their financial reporting, which they use in their best interest. But that is not always first intention of accounting regulations. They are set on purpose to be liberal so managers can decide whatever policy is the best for their company. That is also how is set giant possibility for managers to utilize them for their personal interest. In this research are described motives regarding managers behavior. Bottom line, earning are find to be the most common motive. Managers salary due to their contract mostly depends of their performance based of company success. There are three main indicators of company performance: net profit (loss), cash flow from operating activities and comprehensive income. In case no manipulations are included in this perfomances (earnings), their distributions will be normally shaped. If managers decide to make some manipulations so this performances are different than should be, their distribution will show some discontinuity. This research is based on distributions discontinuity and has been proved that among this three financial performances cash flow from operating activities contains at least manipulations. Distribution of net profit (loss) shows more discontinuity, but comprehensive income is the most favorable financial performance regarding manipulations. This performance is also the largest and contains the other two performances, which makes it most suitable for making some manipulative decisions. Two other tests are used to confirm this results. Leuz's test of earnings manipulations gives the same results. Due to Continuity test there are statistical significant difference between number of manipulations in net profit (loss) than in cash flow from operating activities. Also, there are statistical significant difference between number of manipulations in comprehensive income than in cash flow from operating activities. But hypothesis about number of manipulations in comprehensive income being bigger than in net profit (loss) is not statistical proved. This can only be visible on distributions and confirmed with Leuz's test of earnings manipulations.